76-5-Ordinance-Levying the Taxes for 1976-08/16/1976ORDINANCE 76-5
AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL
GOVERNMENT OF THE CITY OF SANGER AND PROVIDING FOR THE INTEREST
AND SINKING FUND FOR THE YEAR 1976 AND APPORTIONING EACH LEVY FOR THE
SPECIFIC PURPOSE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS:
SECTION 1. That there is hereby levied and there shall be collected
for the use and support of the municipal government of the City of
Sanger, and to provide Interest and Sinking Fund for the year Nine®
teen Hundred and Seventy Six, upon all property, real, personal and
rnixed, with the corporate limits of said City subject to taxation,
a tax of Sixty cents ($0.60) on each One Hundred Dollars ($100.00)
valuation of property, said tax being so levied and apportioned to the
specific purposes herein set forth:
(1) For the maintenance and support of the general government (Gen®
eral Fund), forty®four cents ($0.44) on each One Hundred ($100.00)
valuation of property, and
(2) For the interest and sinking fund, sixteen cents ($0.16) on each
One Hundred Dollars ($100.00) valuation of property to be appootioned
as follows:
SECTION 2. All monies collected under this ordinance for. the specific
items therein named, be and the same are hereby appropriated and set
apart for the specific purpose indicated in each item and that the
Assessor and Collector of Taxes, the City Treasurer and the City Sec®
retary shall keep these accounts so as to readily and distinctly show
the amount collected, the amounts expended and the amount on hand at
any time, belonging to such funds, it is hereby made the duty of the
Tax. Assessor and Collector of Taxes and every person collecting money
for the City of Sanger, to deliver to the City Treasurer and the City
Secretary at the time of depositing any monies, a statement showing to
what fund such deposit should be made and from what source received.
All receipts for the City not specifically apportioned by this ordi-
nance are hereby made payable to the General Fund of the City.
SECTION 3. That this ordinance shall take effect and be in force
from and after its passage.
PASSED AND APPROVED This the day of A. D. 1976.
APPROVED:
ATTEST:
0